FOR: ARRAYIT DIAGNOSTICS
Arrayit Corporation to Diagnose Early Stage Cancers and Monitor Effectiveness of Treatments
NOV 5, 2009 - 07:00 ET
Collaborative Efforts Leading to Advances That Will Contribute to Health Care Reform
SUNNYVALE, CA--(Marketwire - November 5, 2009) - Arrayit Corporation (OTCBB: ARYC) is pleased
to join the federal government in their efforts to help control health care
costs through early diagnosis of diseases.
For more than 150 years, traditional medicine has relied on a 'standards of
care' model, which utilizes large cohorts of individuals as the data set
and essentially treats every person in an identical manner. While this
medical model provides a good paradigm for standard health care practices,
it is woefully deficient in that it fails to include genetic and epigenetic
differences between people as well as the interplay between our genes and
environmental factors including medication, diet and other lifestyle
considerations. In a major paradigm shift, personalized medicine is gaining
rapid popularity in that it endeavors to provide customized health care to
individuals inclusive of genetics, epigenetics and the environment, leading
to early stage diagnosis of diseases that have exacted a heavy cost in
quality and length of life and dollars spent in late stage treatment.
Personalized medicine is a vastly superior advance in health care if it can
be delivered at a rate equivalent to or less than the current standards of
care model. As a next generation health care company, Arrayit Corporation
is capable of delivering personalized medical information to the public at
a fraction of current costs, owing to the company's unique ability to
miniaturize, automate and massively parallelize genomic and proteomic
tests. In simple terms, these molecular diagnostic tests, requiring only a
blood sample, will be more accurate and less personally invasive than many
traditional cancer screening methods. Arrayit's patented microarray
manufacturing technology and Variation Identification Platform (VIP)
procedures, deployed in clinical laboratories and reference centers, are
capable of testing entire population groups. Arrayit personalized medical
tests for pre-symptomatic ovarian cancer detection, H1N1 screening, and
Parkinson's Disease diagnostics represent only a few of the collaborative
milestones soon to be announced.
About Arrayit Corporation
Arrayit Corporation, headquartered in Sunnyvale, California, leads and
empowers the genetic, research, pharmaceutical, and diagnostic communities
through the discovery, development and manufacture of proprietary life
science technologies and consumables for disease prevention, treatment and
cure. It now offers over 650 products to a customer base, including most
every major university, pharmaceutical and biotech company, major
agricultural and chemical company, government agency, national research
foundation and many private sector enterprises. Please visit
www.arrayit.com for more information.
Safe Harbor Statement
Except for historical information contained herein, statements made in this
release that constitute forward-looking statements are based on currently
available information, involve certain risks and uncertainties and the
Company assumes no responsibility to update any such forward-looking
statement. The following factors, among others, may cause actual results to
differ materially from the results suggested in the forward-looking
statements. Risks that may result from changes in the Company's business
operations; our ability to keep pace with technological advances;
significant competition in the biomedical business; our relationships with
key suppliers and customers; quality and consumer acceptance of newly
introduced products; market volatility; non-availability of product; excess
inventory; price and product competition; new product introductions, the
outcome of our legal disputes; the possibility that the review of our prior
filings by the SEC may result in changes to our financial statements; and
the possibility that stockholders or regulatory authorities may initiate
proceedings against Arrayit and/or our officers and directors as a result
of any restatements. Risk factors associated with our business, including
some of the facts set forth herein, are detailed in the Company's Form
10-K/A for the fiscal year ended December 31, 2008 and Form
10-Q/A for the fiscal first quarter ended March 31, 2009 and Form 10-Q/A
for the fiscal third quarter ended September 30, 2008.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media contact:
Rod Mitchell
Tel: 281-350-5506
mediarod@aol.com
Corporate relations:
713-600-5000
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